Updated Dec 21, 2023
Joy Luedtke Real Estate, LLC Sells SFR In Long Beach Township For $4.9M
109F Long Beach Boulevard, Long Beach, NJ, USA
$4,900,000
$1,225/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
About this deal
AI
A single-family residential property located at 109-F Long Beach Blvd in Long Beach Township has been sold for a price of $4,900,000. The property spans 4,000 square feet, resulting in a price per square foot of $1,225. The transaction took place on February 5, 2021, with Joy Luedtke & Lieben Luedtke from Joy Luedtke Real Estate, LLC serving as the brokers in the deal.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $4,900,000
- Address: 109-F Long Beach Blvd, Long Beach Township
- Market: Long Beach Township
- Square Footage: 4,000
- Price per Square Foot: $1,225
- Brokers: Joy Luedtke & Lieben Luedtke from Joy Luedtke Real Estate, LLC
The sale of this property represents a significant transaction in the Long Beach Township market. The involvement of Joy Luedtke & Lieben Luedtke from Joy Luedtke Real Estate, LLC showcases their expertise and role as the representatives for both the buyer and the seller in this deal. The successful completion of this transaction highlights the demand and value of single-family residential properties in the area.
Players
Beach Haven Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93